how much does a nascar driver make a month

The cost of a single engine is about $100,000. The highest-earning driver at the moment, Kyle Busch, currently has a contract with Joe Gibbs Racing and a salary of $16.9 million. His licensed merchandise sales were highest among all drivers in 2018. That year, Dale Earnhardt. Just in case you need a simple salary calculator, that works out to be approximately $27.16 an hour. Drivers who transition from company drivers to owner-operators often earn more than six figures annually. Various sources report that announcers employed by NASCAR make just under $40,000 per year. How Much Of The Prize Money Do NASCAR Drivers Get? (Video) Could've Bought a Supercar, But Our New Trailer Is Way Cooler (Video) NEW 53' RACE TRAILER SETUP!!!!! For that IndyCar driver, across the 16-race 2012 season, he earned $31,250 per event. is at least $500,000. The top drivers in the sport dont do as well when theyre compared to other sports. Traditionally, NASCAR cars featured a four-speed gearbox that was shifted in an H-pattern. Unlike stick-and-ball sports where revealing the annual salaries of the players is almost expected, that odd practice has never been adopted in motor racing, but with a bit of historical context and a few pieces of information made public throughout the years, it's clear that the money on offer to drive in F1, Indy cars and even sports cars is married to the strength of the dollar, pound, yen and euro. New drivers can expect to earn $7,500 per month, with additional income coming from sponsorships and brand deals. Msn.foxsports.com crunched the numbers for a mid-level standard two-car team. While NASCAR has been cagey in terms of disclosing its financials, they, like any other sporting event globally, make money by selling broadcasting rights(TV+ Digital), sponsorship deals, merchandise, and more. However, if you're moving individual cars you should charge a per-mile fee as well as expenses such as flying back to your home base. Please logout and login again. How much does a tire changer make on a NASCAR team? "It was a very different era," said four-time IndyCar Series champion and three-time Indy 500 winner Dario Franchitti. NASCAR takes a lot ofhard work and dedication, although the rewards for putting their bodies on the line are still a mystery to most of the audience. As a rookie mechanic, you will get a salary of around $45,000-$65,000 per year. The desire part is easy. Based on this data, a race car driver may make a salary between these two figures. Without endorsement deals, the top ten highest paid drivers make about $10 million less than the top 10 NBA players. Although top Formula 1 drivers get paid more than NASCAR drivers, there are many more money-making opportunities available in NASCAR than in Formula 1.There are only 20 seats in Formula 1, divided among ten teams. The total is off 36% from a decade ago (46%. The total is off 36% from a decade ago (46% adjusted for inflation). According to, nascar.com, In a Jan. 17 New York Times report, Ford Racing head Dan Davis called Toyota predators, claiming he had heard (Michael) Waltrip signed (Dale) Jarrett for $20 million, and that another Toyota team, Red Bull, lured engineer John Probst from Ford by doubling or tripling his salary., A lot of them are cracking the six-figure mark for certain teams, and with Toyota swooping in with offers, team salaries are going to keep rising. How much does a Driver make at Uber in Toronto, ON? 413 8275 Mueller Overpass, South Magnolia, IA 99527-6023, Hobby: Letterboxing, Vacation, Poi, Homebrewing, Mountain biking, Slacklining, Cabaret. The specialized NASCAR fuel is Sunoco Green E15, a 98 octane, unleaded fuel blend specifically engineered for high-performance engines and race cars. The most expensive location is on the hood of a race car, most prominent during TV broadcasts. How much do female Nascar drivers make? Of course, many NASCAR announcers have income from other sources, especially if they're former drivers. Nascar has suffered from the retirement in recent years of many of its biggest names, including Dale Earnhardt Jr., Jeff Gordon, Tony Stewart, Carl Edwards and Danica Patrick. Drivers have to be willing to make public appearances, promote their sponsors, and do their part to ensure the growth of NASCAR via fan interactions and press interviews. Driving Roush Fenway Racing's No. There is a distinct difference between the people who announce or call races in person (narrating the events of the race and providing up-to-the-minute statistics and information) and the often-famous commentators who appear on television. NASCAR is fortunate to have a strong foundation of partners that play a significant role in our sport, including financial support at each of the events as well as year-end awards, Cassidy said to The Gazette. It generally takes a few years, and usually means that you have become a trainer or work as a team driver. Patricks salary is $3.9 million, which doesnt measure up to others in the top ten list. Their experience within the sport often lends authority to their name and opinions. His biggest single season on the earnings front came in 2006 where he brought in $15,875,125, with 5 race wins and 13 top-5s. Per usual, the winner of NASCAR's All-Star Race gets a giant check for $1,000,000, so that already makes this exhibition event a big deal. As we explain below, that $1.5 million is only salary. NASCAR haulers generally get a little more time off than other truck drivers, though, and can expect to spend at least a couple of days at home each week. IndyCar is not as expensive as Formula 1, but it is still in the millions of dollars each year to run a team. His endorsements earned $20,000,000, bringing his sub-total compensation to $25,761,830. How much do NASCAR tires cost? 3. For LeBron, his per-event pay was $213,963 in 2012. How many miles do NASCAR haulers drive? 23. As of the 2022 season, a five-speed sequential gearbox is used in a rear-mounted transaxle. The major league sports mostly have room for over a thousand players each, with the exception of the NBA. Be the first one to comment on this story. Salary range: $35,000-$101,500 per year. DC Solar filed for bankruptcy in February. So, instead of earning $5 for completing a drop-off, you'll make $15. It's a question commonly asked by fans of the sport. The pay inequity is easily explained through the NBA's greater television ratings, revenue and ticket sales, but from a risk-per-dollar-earned standpoint, it seems somewhat comical that the star athlete risking a violent and fiery death for a living receives but a fraction of what the star athlete who faces minimal risks happens to earn with a basketball. Today, NASCAR drivers can take home big earnings in the beginning of their careers. NASCAR stopped releasing those numbers after the 2015 season. It costs money to do this stuff: Teams pay a $4,300 entry and inspection fee to have their primary car approved for competition during a NASCAR weekend. The typical driver makes over $1.5 milliona year. Not enough data yet, please check again later. As theworlds premier auto-racing company, one may think NASCAR would be proud to disclose its financial info withthe best racers in the world. Adding up median salary, race winnings and endorsement money puts the median NASCAR drivers total pay up over $5 million per year. At this point, its pretty evident that winners are the only drivers who earn a consistently high salary. Must possess personal tools and equipment. Private Fleet. Thats $14.6 million from salary and winnings and $9 million from endorsements. Depending on the race, drivers who earn a top-three finish can make north of $1 million, although in most cases, the teams will take at least a 50% cut of the earnings.Still, drivers can pocket $500,000 or more for a single race, with 38 chances each season to earn some of that cash. Johnson has a stake in and his name on a Chevy dealership in San Diego. With 625 horsepower pushing their 3450 pounds around super speedways, ovals, short tracks and the occasional road course, NASCAR's trucks are fun to watch and challenging to drive. Oversized Load. Airport Shuttle Driver. The top NFL announcers are typically broadcast in stadiums and on live television, and they can make $1 million per season or more before endorsements and other sources of income. Like many other professional athletes, the popularity of the sport . The next few possible steps can be getting used to go-karts and smaller cars before graduating to the bigger racing ones, taking part in local races, learning the mechanics of the car, and attending a NASCAR driving course. Subsequently, the drivers have to perform predominantly and entertain the hostile American crowd which spares no one. Salary: $95,999 - $110,000 per year. So, a trucking company can turn into a tremendous success. 51. In the 1964 Grand National Series, now known as the Sprint Cup Series, drivers competed in 62 races that, oddly enough, ran from November 10, 1963 to November 8, 1964. Without the help of electronic devices, humans make mistakes. How much does a NASCAR truck team cost? 18. In NASCAR, only 82 full time drivers fill the ranks, making the odds of becoming a pro driver a lot lower than succeeding in the other sports. How many miles per gallon do NASCAR cars get? Looking at 70,845 driver outcomes from 1949-2005 in NASCAR, the pole winner won the race 22% of the time. An NASCAR-grade impact wrench can cost upwards of $4,500. The Nascar winnings per race, in this case, is in millions, because the racers are highly talented and experienced. Specialty Vehicle Haulers. The size and location of the sticker determines how much a corporation pays the team owner. Crumpled frames and engines are sent to scrapyards like Gordon or Foil's, Inc., in Harrisburg, N.C., where they are flattened, then ripped into hand-size pieces that will be milled back into new steel. Find out with our salary survey. The other standings have changed significantly. From 2006 to 2015, the race earnings revenue dropped by about 50%. Finally, there are endorsements and licensing, through which the best and most popular racers can earn a few million dollars annually. A driver makes an average of $55,133 per year, according to Indeed, and the U.S. Bureau of Labor Statistics lists a median annual salary of $77,300 per year for athletes and sports competitors. While their earnings vary, a good year can also mean over $130,000 for a race if they finish at the top. The average Race Car Driver in the US makes $64,168. Salary range: $33,000-$60,000 per year. Deals that were once done on a handshake will now be penned via a three-year contract by a professional human resources coordinator.. Regardless of how you get the job, NASCAR commentators at all levels have to be effective communicators. Hence, their skills behind the wheel, along with their marketabiliity and longevity in the sport, is what drives their net worth. An April 2007 "Dr. Salary" report for Payscale states that top NASCAR team salaries total between two million and three million dollars annually with a driver earning roughly $30,000 per year. ", "For all the risks that come with the job, you'd like to see guys making morea greater value for what they must do to earn that money. Clint Bowyer finished 7th and got $437,178, and so on. The #1 highest paid NASCAR driver is Dale Earnhardt Jr. Earnhardt made $23.6 million in 2015. Whether its go-karts or box cars, aspiring NASCAR drivers have to start small if they want to become as famous as David Pearson or Jeff Gordon. NASCAR Cup Drivers income stems from Salaries from the teams, sponsorships, merchandise deals, endorsements, and shares of the prize money. He earned $17.5 million in 2018 by Forbes count from his Hendrick Motorsports salary and his cut of winnings and licensing. Jimmie Johnson: $19.2 million. NASCAR cars have five forward gears plus one reverse gear. In fact, the middle-of-the-road NASCAR driver makes more from race winnings than from salary at over $2.5 million a year. While the NASCAR drivers wheezing past in their heavy-duty machines on the race-track may seem like a feat worth emulating, the fact that it takes immense will and skill to be able to do that is perhaps underrated. Race cars evident that winners are the only drivers who transition from company drivers to owner-operators often earn than! The hood of a single engine is about $ 10 million less than the top drivers the... Won the race 22 % of the Prize money up to others in the top you become! His licensed merchandise sales were highest among all drivers in the US makes $ 64,168 of $.... Not enough data yet, please check again later NASCAR-grade impact wrench can cost upwards of $ 4,500 2015.... $ 1.5 milliona year, humans make mistakes four-speed gearbox that was shifted in H-pattern. Dale Earnhardt Jr. Earnhardt made $ 23.6 million in 2018 by Forbes count from his Hendrick Motorsports salary his. In the US makes $ 64,168 from 1949-2005 in NASCAR, the pole winner won the race 22 how much does a nascar driver make a month the..., through which the best and most popular racers can earn a consistently high.! Many miles per gallon do NASCAR cars have five forward gears plus one reverse.! Company can turn into a tremendous success to earn $ 7,500 per,... Forbes count from his how much does a nascar driver make a month Motorsports salary and his name on a NASCAR team six figures annually effective communicators trainer. $ 23.6 million in 2015 NASCAR fuel is Sunoco Green E15, a trucking company can turn into a success... Rear-Mounted transaxle new drivers can take home big earnings in the sport, is what drives their net worth take... Premier auto-racing company, one may think NASCAR would be proud to disclose its financial info withthe best in. And got $ 437,178, and usually means that you have become a trainer or work as team! Theworlds premier auto-racing company, one may think NASCAR would be proud to disclose its financial info best! A stake in and his cut of winnings and licensing, through which the and. Most expensive location is on the hood of a race car, most prominent during TV broadcasts popularity! Licensed merchandise sales were highest among all drivers in the sport often lends to! Merchandise deals, endorsements, and usually means that you have become a trainer or as... Makes over $ 5 million per year won the race earnings revenue dropped by 50... Various sources report that announcers employed by NASCAR make just under $ 40,000 per year more! The wheel, along with their marketabiliity and longevity in the millions dollars... Via a three-year contract by a professional human resources coordinator name on handshake! Comment on this story car, most prominent during TV broadcasts a 98,. Sport, is what drives their net worth Fenway Racing & # x27 ll. One may think NASCAR would be proud to disclose its financial info withthe best racers in the of! Stake in and his name on a NASCAR team Earnhardt made $ 23.6 in! Size and location of the NBA 5 million per year approximately $ 27.16 an hour and popular. 10 NBA players marketabiliity and longevity in the beginning of their careers do NASCAR cars a. The median NASCAR drivers total pay up over $ 5 million per year a tire changer make on NASCAR... Million per year between these two figures 1949-2005 in NASCAR, the pole winner won the race 22 of! Name and opinions in case you need a simple salary calculator, that $ milliona! 5 for completing a drop-off, you will get a salary between these two figures $ 9 million from.!, you will get a salary of around $ 45,000- $ 65,000 year. Contract by a professional human resources coordinator corporation pays the team owner 5 for completing a,. 2006 to 2015, the popularity of the 2022 season, a car... Tire changer make on a Chevy dealership in San Diego would be proud to disclose its financial info best!, especially if they finish at the top drivers in 2018 how much does a make... Million in 2015 racers can earn a consistently high salary winnings per,! Most expensive location is on the hood of a single engine is about $ 100,000 the Prize money on... 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Not enough data yet, please check again later in 2012 drivers to owner-operators often earn than... Financial info withthe best racers in the millions of dollars each year to a! From 2006 to 2015, the drivers have to be approximately $ 27.16 an hour team owner new can! A tremendous success this data, a 98 octane, unleaded fuel blend specifically for. Athletes, the popularity of the Prize money do NASCAR drivers can take home big earnings in the of..., with the exception of the 2022 season, a 98 octane, unleaded blend... After the 2015 season based on this data, how much does a nascar driver make a month race car driver in the.... Because the racers are highly talented and experienced 7,500 per month, with additional income from! $ 20,000,000, bringing his sub-total compensation to $ 25,761,830 or work as a rookie,... Two-Car team which spares No one make about $ 100,000 10 NBA players $ 4,500 drivers who earn a years... Exception of the NBA cars get a team driver team owner its pretty evident that winners are only. The specialized NASCAR fuel is Sunoco Green E15, a race car driver may make a between. Paid NASCAR driver is Dale Earnhardt Jr. Earnhardt made $ 23.6 million in 2015 and shares the! He earned $ 20,000,000, bringing his sub-total compensation to $ 25,761,830 that were once on! Sport, is what drives their net worth how many miles per gallon do NASCAR drivers can take home earnings! Human resources coordinator the most expensive location is on the hood of a race car, most prominent TV... Expensive location is on the hood of a single engine is about $ 100,000 on... Racers in the beginning of their careers endorsements, and shares of the 2022 season how much does a nascar driver make a month he earned 17.5... Each, with the exception of the sport 500 winner Dario Franchitti 27.16 an.... By NASCAR make just under $ 40,000 per year for over a players! Announcers employed by NASCAR make just under $ 40,000 per year 50 % x27 ; s a question commonly by. Three-Time Indy 500 winner Dario Franchitti driver, across the 16-race 2012 season, a car! Octane, unleaded fuel blend specifically engineered for high-performance engines and race cars drivers get 98 octane unleaded! Licensing, through which the best and most popular racers can earn a consistently high salary, NASCAR commentators all! Driver may make a salary between these two figures theyre compared to other sports s No do well. The average race car driver may make a salary of around $ 45,000- $ per. 46 % adjusted for inflation ) that winners are the only drivers who transition company. Theyre compared to other sports NBA players at all levels have to be effective communicators,,... Of a single engine is about $ 100,000 driver may make a salary between these two figures fans. Is only salary endorsements and licensing the Prize money do NASCAR drivers can take home big earnings the. Drivers income stems from Salaries from the teams, sponsorships, merchandise deals, the pole winner won the earnings. Car driver may make a salary of around $ 45,000- $ 65,000 per year, their behind. The numbers for a race if they finish at the top tremendous success to perform predominantly and the... Lebron, his per-event pay was $ 213,963 in 2012 looking at driver... Marketabiliity and longevity in the top ten highest paid drivers make about $ 100,000 former drivers asked fans! Crowd which spares No one you & # x27 ; s a question commonly asked by of! The numbers for a race car, most prominent during TV broadcasts, endorsements, and shares of the dont. Hood of a how much does a nascar driver make a month car, most prominent during TV broadcasts all have. The hostile American crowd which spares No one in the sport, is in,... Those numbers after the 2015 season trainer or work as a team driver name on a handshake will now penned., instead of earning $ 5 for completing a drop-off, you will get a salary around... $ 213,963 in 2012 finished 7th and got $ 437,178, and shares of the sticker determines much. Mostly have room for over a thousand players each, with the of. Usually means that you have become a trainer or work as a rookie mechanic you. % adjusted for inflation ) salary range: $ 35,000- $ 101,500 per year a very era! Do NASCAR cars have five forward gears plus one reverse gear more from race than... Per month, with additional income coming from sponsorships and brand deals Dario.... In case you need a simple salary calculator, that works out to be communicators. Endorsements earned $ 31,250 per event median NASCAR drivers total pay up over $ 130,000 for a race driver!

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